Here’s where Apple makes its products amid Trump’s new ‘reciprocal’ tariffs
- Apple's shares dropped over 9% after President Donald Trump announced new tariffs, resulting in a $300 billion loss in market value.
- The US has imposed tariffs of 54% on China, impacting Apple's iPhone production significantly, as well as 26% on India and 46% on Vietnam, where Apple has significant production.
- Analysts predict that consumer prices for Apple's products could rise by 30-43% due to these tariffs, affecting iPhone and iPad prices.
- Apple aims to manufacture 25% of its iPhones in India by 2025, as the company increasingly diversifies its supply chain beyond China.
15 Articles
15 Articles
How Trump's Tariffs Are Crushing Apple's 'Make In India' Dream
India's quest to become a major iPhone manufacturing hub has encountered a significant obstacle. The US has imposed "reciprocal tariffs" on over 180 countries, including India, which has been slapped with a 26% tariff. Although this rate is lower than China's 54% and Vietnam's 46%, Indian officials are still concerned about the impact on the country's electronics manufacturing sector. The US is India's largest trading partner, accounting for 18%…
Nearly Rs 2 lakh for iPhone? Why Trump’s tariffs could make Apple’s products costlier
Apple is already bearing the brunt of US President Donald Trump’s sweeping tariffs as its shares fell more than nine per cent on Thursday. The tech giant’s biggest production and supplier hubs in Asia, including China, India and Vietnam, are facing high tariffs. If the company decides to pass the added costs to consumers, the prices of iPhones and other devices could skyrocket
The countries where Apple gadgets are manufactured and how the company could be affected by Trump's tariffs
Apple has made efforts in recent years to diversify its supply chain outside of China, expanding production in India and Vietnam, but the new tariffs announced by the White House will also affect these countries, CNBC reports.
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